Tag Archive of “finance”
Every day, the news media confronts us with enormous budgets: $3,000,000,000,000 for the Iraq war, $2,800,000,000,000 for the financial recovery, $16,000,000,000 for Facebook. Except they’re usually reported with the ambiguous numerical categories of trillion and billion. When your daily budget is a dollar, $10 billion and $10 trillion both look astronomically large — but difficult to compare. While I think listing out zeroes is helpful, despite the added space required (Hey, everything is online now anyways!), visualizations can make that comparison even easier. David McCandless has put together a good visualization of various world budgets. Though I would disagree about some of the categorizations, since government stimulus money is not actually lost, the boxes themselves are relatively useful.
